That puts her narrowly ahead of Taylor Swift, the only nominee this year who has won the category before (“Fearless,” 2009). Though she’s even younger than Musgraves she has already racked up seven wins in her career, including two victories for Entertainer of the Year (2009, 2011). But her latest album, “Red,” nevertheless trails with 14/5 odds.

The race’s biggest underdog is Little Big Town. The quartet surprised by winning Single of the Year in 2012 for “Pontoon,” but the nomination may be the reward for their album “Tornado,” which gets 100/1 odds in this race.

Is Musgraves really out front? Are we underestimating her rivals? Make your predictions below: